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person when it comes to not getting anything done. senate majority leader harry reid had this to say on the senate floor yesterday. >> months and months of talks between the president and boehner, both times boehner could not deliver because they refuse because of grover norquist to allow any tax revenues whatsoever. they cannot cross over the threshold that has been built by grover norquist. >> grover norquist joins us now exclusively here on cnbc. grover, we just heard you are the target of those comments, but did harry reid get it wrong, because i thought that your organization actually gave its blessing to boehner's plan "b." >> reid has it wrong on a number of levels. the first, of course, is that the pledge that many congressmen and senators have made to oppose tax increases is made to the people of their state, not to me. in fact, harry reid now has the republican senator joining him from nevada who won because he made that commitment. he took the pledge, and the democrat that harry reid supported attacked him for taking the pl
person when it comes to not getting anything done. senate majority leader harry reid had this to say on the senate floor yesterday. >> months and months of talks between the president and boehner, both times boehner could not deliver because they refuse because of grover norquist to allow any tax revenues whatsoever. they cannot cross over the threshold that has been built by grover norquist. >> grover norquist joins us now exclusively here on cnbc. grover, we just heard you are the...
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Dec 26, 2012
12/12
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more problematically in this instance with the fiscal cliff, the consumer discretionaries. the restaurant stocks have done well. the retailers have done well. they could easily re-rate, in other words, correct, partly because consumers could rein in, and we could be seeing that now, we may not, or partly because wall street fears they would rein in. can you see consumer discretion as being vulnerable at this position now? >> consumer discretionary has been the best performing sector since the market bottomed in 2009. if there is a sector that could be in line for a re-writing, as you say, that's probably it. i think the most prudent way to look at the market today is to focus on sectors that have good dividend yields, good valuation and potential for revenue growth. health care and technology both fit that particular area. and i think those are the areas that, from a prudent perspective, might be the best place to make your bets for 2013. >> charles, where would you begin the new year? i know you're looking at value tech names, leapfrogging off of what david just said. you
more problematically in this instance with the fiscal cliff, the consumer discretionaries. the restaurant stocks have done well. the retailers have done well. they could easily re-rate, in other words, correct, partly because consumers could rein in, and we could be seeing that now, we may not, or partly because wall street fears they would rein in. can you see consumer discretion as being vulnerable at this position now? >> consumer discretionary has been the best performing sector since...
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Dec 30, 2012
12/12
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cliff. it is congress's fault. congress created this fiscal cliff. no one else to impose this on them. it is a self-imposed problem. >> the problem is that the president has never ge to the nation and made a serus speech about debt. he ignored it the first two years. he appoints aommission that he studiously ignores for the nextt two years. that is why we are at the fiscal cliff now. he is not serious about that. none of his proposals the raise taxes on the ridge. it is 8 cents on the dollar. it is a trivial amount money, and he has never put any political capital in entitlemement reform. you talk aut it here or there. never invested in the capital in it. >> i think we have a difference of opinion here. >> if it is such a trivial amount, then why the squealing the yelli, the hurt feelings? all of these plutocrats, my goodness gracious. i will say this -- right now, he is absolutely right. all the political advantage is with the president but if this ththing comes to a complete hal and falls,
cliff. it is congress's fault. congress created this fiscal cliff. no one else to impose this on them. it is a self-imposed problem. >> the problem is that the president has never ge to the nation and made a serus speech about debt. he ignored it the first two years. he appoints aommission that he studiously ignores for the nextt two years. that is why we are at the fiscal cliff now. he is not serious about that. none of his proposals the raise taxes on the ridge. it is 8 cents on the...
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Dec 26, 2012
12/12
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. >>> president obama heading back to washington to tackle the fiscal cliff today. he will get to d.c. just as the house and senate expected to reconvene tomorrow. not much time left for a notoriously slow-moving washington to get something done. brianna keilar following the drama from honolulu, hawaii. she's there with the president. what is the latest. >> president obama is officially cutting short his christmas vacation and heading back from hawaii. tonight, hawaiian time, early in the morning on the east coast and returning to the d.c. area on thursday. as the senate is set to reconvene and all eyes really are looking there to see what senate majority leader harry reid can cobble together in order to get republican support to avoid the fiscal cliff. he'll also have to put together something that will get republican support in the house. this is a last-ditch effort and will be obviously very difficult if it succeeds at all. at this point, the white house still wants that threshold for income tax rates to be at 250,000. it's unclear, exactly what the senate propos
. >>> president obama heading back to washington to tackle the fiscal cliff today. he will get to d.c. just as the house and senate expected to reconvene tomorrow. not much time left for a notoriously slow-moving washington to get something done. brianna keilar following the drama from honolulu, hawaii. she's there with the president. what is the latest. >> president obama is officially cutting short his christmas vacation and heading back from hawaii. tonight, hawaiian time,...
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Dec 27, 2012
12/12
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the house has passed legislation to avoid the entire fiscal cliff, senate democrats have not. stuart: senator harry reid blaming the republicans and republican response as we have done our part, you have got to do something first. political go at it. the wall street journal is reporting president obama called congressional leaders today to discuss the fiscal cliff and what we have got is a political attack from senator harry reid, a defensive move from the republicans, they're going at it and the dow is down 91 points. >> mel brooks at the governor says we have to save our phony baloney jobs. they are not. stuart: we have new numbers just out showing the number of workers on disability, social security disability, has hit a record high, 827,725 as of dec.. joining us is the author of hollywood hypocrites'. we have got social security, record number of people on disability, record deficit for social security, $47 billion a year, almost $1 billion a week flowing out more than coming in and young people, you voted for no change to entitlement, keep on paying for old people. what
the house has passed legislation to avoid the entire fiscal cliff, senate democrats have not. stuart: senator harry reid blaming the republicans and republican response as we have done our part, you have got to do something first. political go at it. the wall street journal is reporting president obama called congressional leaders today to discuss the fiscal cliff and what we have got is a political attack from senator harry reid, a defensive move from the republicans, they're going at it and...
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Dec 27, 2012
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but the fiscal cliff will have happened. and one reason is i think it will be much too hard for the house to agree to a bill that uncouples the tax hikes. in other words, maybe raise taxes on one group, but not another group. that removes the leverage that i think republicans really feel they need in order to get the kind of spending cuts and entitlement reform that they feel is really just fundamental to reforming the nation's debt and the economy staring down a healthier path. so for that reason, yeah, i don't think they're going to have anything by the end of the week. jon: we just heard harry reid saying, oh, it's all john boehner's fault in the house of representatives. the president also seems to be pointing at the house. where does the truth lie here? i mean, who is, who needs to budge? >> well, technically the house and senate have each passed bills, but they don't agree on the bills that they've passed. for republicans i know from talking to even the most moderate republicans they are willing to vote for a tax rate
but the fiscal cliff will have happened. and one reason is i think it will be much too hard for the house to agree to a bill that uncouples the tax hikes. in other words, maybe raise taxes on one group, but not another group. that removes the leverage that i think republicans really feel they need in order to get the kind of spending cuts and entitlement reform that they feel is really just fundamental to reforming the nation's debt and the economy staring down a healthier path. so for that...
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Dec 30, 2012
12/12
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to avoid the fiscal clip. it is the fault of congress. they created this fiscal cliff. they did it. no one else imposed this on them. >> the president has never gone to the natioand made a sio speech about debt. he ignored it the first two years. he appoints a commission that he studiously ignores for the next two years. that is why we are at the clip now. he is not serious about the debt. none of his proposals to raise taxes on the rich. he has never put any political capital in entitlement reform our tax reform. he'll talk about it here and there. never invested any capital in it. >> any difference of opinion? >> if it is such a trivial amount, the raising of taxes on the wealthy, then why the squealing, the yelling, the hurt feelings of all this plutocrats? my goodness gracious. i will say this -- right now, he is absolutely right. all the political advantage is with the president, but if this thing comes to a complete halt and falls, then there would be political blame across the board, and it will undermi
to avoid the fiscal clip. it is the fault of congress. they created this fiscal cliff. they did it. no one else imposed this on them. >> the president has never gone to the natioand made a sio speech about debt. he ignored it the first two years. he appoints a commission that he studiously ignores for the next two years. that is why we are at the clip now. he is not serious about the debt. none of his proposals to raise taxes on the rich. he has never put any political capital in...
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Dec 26, 2012
12/12
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he's a rich guy. >>> the fiscal cliff affects even him. thank you. >>> financials have been on fire for most of 2012 but low interest rates and pretty tough regulation, those factors are still putting some profit margins under pressure. we take a look at what is in store for wall street in 2013. >> reporter: after a year's long identity crisis, 2013 will see a spate of bank makeovers. barclays will spin off its investment bank, bank of america will review options for merrill lynch. behind these walls, citigroup's ininvestment bank will shrink considerably, focusing on top traders and deal makers. if that deal market returns as well as valuations, citi could sell all of its crisis-tinged bad bank citi holdings. about that london whale at jpmorgan, it forced jamie dimon to clear house, a dozen executives changing roles. expect a lot of face time with media and investors for mike cavanaugh, co-ceo of the investment bank and the not so dark horse to succeed dimon. battles will brew over regulation, the consumer financial protection bureau will
he's a rich guy. >>> the fiscal cliff affects even him. thank you. >>> financials have been on fire for most of 2012 but low interest rates and pretty tough regulation, those factors are still putting some profit margins under pressure. we take a look at what is in store for wall street in 2013. >> reporter: after a year's long identity crisis, 2013 will see a spate of bank makeovers. barclays will spin off its investment bank, bank of america will review options for...
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Dec 29, 2012
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. >>> coming up whatever is done or not done about the fiscal cliff, you need to get your financial house in order right now, so we're getting you all set for the new year. >>> and then later it's one of the most famous photographs of the 20th century. ever wonder who they are? you'll meet them. you're watching "cbs this morning saturday". >> is this is a weather alert. sheer an update good morning everyone from the 9news weather center. we'retracking the storm moving through our area. it looks like we're in the clear inside and outside the beltway. northwestof town we're seeing light snow somehow r tell us beginning to pass on through. acumulation inareas like couple ber scompland oakland. stay tune sxd we'llcoupe you posted about this coming storm into the afternoon. . >>> coming up we'll take a look at a documentary film about a man who woke up not knowing who he is and he still doesn't. >> can you imagine? some are skeptical of the no identity claim. but the film maker says no one has come forward to prove it wrong. and benjamin kyle has no idea who he is. he refuses to take money for
. >>> coming up whatever is done or not done about the fiscal cliff, you need to get your financial house in order right now, so we're getting you all set for the new year. >>> and then later it's one of the most famous photographs of the 20th century. ever wonder who they are? you'll meet them. you're watching "cbs this morning saturday". >> is this is a weather alert. sheer an update good morning everyone from the 9news weather center. we'retracking the storm...
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Dec 29, 2012
12/12
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. >>> coming up whatever is done or not done about the fiscal cliff, you need to get your financial house in order right now, so we're getting you all set for the new year. >>> and then later it's one of the most famous photographs of the 20th century. ever wonder who they are? you'll meet them. you're watching "cbs this morning saturday". . >>> coming up we'll take a look at a documentary film about a man who woke up not knowing who he is and he still doesn't. >> can you imagine? some are skeptical of the no identity claim. but the film maker says no one has come forward to prove it wrong. and benjamin kyle has no idea who he is. he refuses to take money for his story. we'll be speaking with him when we come back. this is "cbs this morning saturday." ♪ ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ ♪ no more paper anything. safeway presents just for u. ♪ ♪ save more. save easier. saving more, starts now. just for u on the safeway app. >>> welcome back to "cbs this morning saturday." we're back with jeff berardelli. a lot of familiar faces
. >>> coming up whatever is done or not done about the fiscal cliff, you need to get your financial house in order right now, so we're getting you all set for the new year. >>> and then later it's one of the most famous photographs of the 20th century. ever wonder who they are? you'll meet them. you're watching "cbs this morning saturday". . >>> coming up we'll take a look at a documentary film about a man who woke up not knowing who he is and he still...
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Dec 24, 2012
12/12
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. >>> some washington lawmakers sound gloomy about the chances for a compromise deal on the fiscal cliff. >> nine days remain to get the deal done. house speaker boehner is in ohio. president obama in hawaii. >>> today we say aloha to an american hero, the late senator daniel inouye was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the first lady attended today's service. the president has said inouye was his earliest political inspiration. >>> many gun shop owners say sales have been booming recently. some link that to concerns the president may impose new restrictions on firearms. thousands of north texans visited local gun shows and stores this weekend where the most powerful weapons are costing more than ever. a gun dealer told our affiliate wfaa that an assault-sometime weapon like an ar-15 a week ago ran around $900. this week anywhere from diagnosis 1,500 to $2,500. in just a few minutes my conversation with a gun shop owner, several former police
. >>> some washington lawmakers sound gloomy about the chances for a compromise deal on the fiscal cliff. >> nine days remain to get the deal done. house speaker boehner is in ohio. president obama in hawaii. >>> today we say aloha to an american hero, the late senator daniel inouye was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the...
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Dec 30, 2012
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so i think the two of them feel like they could get something done, but, i mean, time is ticking here. >> thank you very much and happy new year. >> hey, same to you, melissa. >> for more on the fiscal cliff negotiations i am joined now by democratic strategist richard goodstein and republican strategist terry holt. thank you both for being here. >> sure. >> hi, melissa. >> terry, let's start with you. what do you think is going on behind closed doors right now on capitol hill? >> i think i'm still talking about the "meet the press" interview by the president this morning. you know, the american people elected president obama to lead, but he spent most of the morning today playing the blame game, and i say let's get the blame game over with and start talking about solutions for the american people because, you know, every -- every dollar you take, you can take every dollar from every rich person in america and still not balance this nation's budget. until we start talking about real spending cuts and structural reform to the entitlement programs, we're going to go broke. we'll go the
so i think the two of them feel like they could get something done, but, i mean, time is ticking here. >> thank you very much and happy new year. >> hey, same to you, melissa. >> for more on the fiscal cliff negotiations i am joined now by democratic strategist richard goodstein and republican strategist terry holt. thank you both for being here. >> sure. >> hi, melissa. >> terry, let's start with you. what do you think is going on behind closed doors right...
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Dec 27, 2012
12/12
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KGO
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to come together and get this fiscal cliff thing done. no word yet on when people get extra lattes, if there is's enough space to write "get your lazy ass off vacation and get this done." [ laughter ] >> willis likes that a lot more. i can hear it in the background. >> i wonder if there's enough room. >> no, i don't know about that. >>> okay, ladies and gents, if you're looking for love, oh, boy, you better have a good credit score. take a look at this. ♪ so hot right now that our designer sun glasses be fogging ♪ >> okay, yeah. we're not going to say we're going after those guys, but it's the credit score guys. "the new york times" is reporting that credit scores are huge and that could be at the top of the list. maybe after looks and personality is credit scores. they interviewed people across the u.s., all under the age of 40, and the newspaper discovered that a low credit score is a deal-breaker when in search of love right now in the economy. so if you don't have your act together, take care of that and maybe you'll find love. >>
to come together and get this fiscal cliff thing done. no word yet on when people get extra lattes, if there is's enough space to write "get your lazy ass off vacation and get this done." [ laughter ] >> willis likes that a lot more. i can hear it in the background. >> i wonder if there's enough room. >> no, i don't know about that. >>> okay, ladies and gents, if you're looking for love, oh, boy, you better have a good credit score. take a look at this. ♪...
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Dec 26, 2012
12/12
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that having been said the fiscal cliff will turn out to be not a maxi deal but a mini deal and will clip the economy not by 1% but a 2% and a 60% chance something will get done but that's where we come out on it right now. a little bit harder hit to the economy. >> don't adjust your sets, everybody. this is what bob sounds like today. >> this is a different exchange here. >> not doing your imitation of david? >> what do you think that the seasonal factors are a major reason why the markets are holding up so well? if you look at the havens, gold, treasuries, for example, the dollar, there's no sign of panic in the haven. >> silver is down. you've seen a little bit of a lift in the vix, closer to 20. that's not bad, a normalization type of thing. treasuries have sold off a little bit. that means the patient is leaving the hospital. the patient was on intensive care earlier in the year back in june. the biggest day of the year was june 19th. that's the day of the second greek election when that guy came in who did not take them out of euro to. meet biggest things that happened this year wer
that having been said the fiscal cliff will turn out to be not a maxi deal but a mini deal and will clip the economy not by 1% but a 2% and a 60% chance something will get done but that's where we come out on it right now. a little bit harder hit to the economy. >> don't adjust your sets, everybody. this is what bob sounds like today. >> this is a different exchange here. >> not doing your imitation of david? >> what do you think that the seasonal factors are a major...
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Dec 28, 2012
12/12
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but could failure to get a deal done on the fiscal cliff spark some serious safe haven buying? that's the question. joining us now to talk gold is president and ceo of global holdings. so that is the question. what's the answer? >> okay. well, as you said, gold has been range-bound for a little over a year now. and as far as the fiscal cliff, we're not coming close to a deal, maybe going over the cliff, you're seeing gold pulling back a little bit. so it's actually -- that is not an impetus right now to drive gold higher. now, our feelings are that we're not really going to go over the fiscal cliff in the true sense. we might in a temporary for a very brief period of time. but, once we come out of that, and the actual deal we start looking at what the deal is, the details, we're going to probably see there's no real significant cut in spending, and that the ongoing spending, and creation of additional debt is going to continue unabated, and that will be a real driver for gold. >> okay, so my second bet, though, beyond that we might be having this conversation in the end of janu
but could failure to get a deal done on the fiscal cliff spark some serious safe haven buying? that's the question. joining us now to talk gold is president and ceo of global holdings. so that is the question. what's the answer? >> okay. well, as you said, gold has been range-bound for a little over a year now. and as far as the fiscal cliff, we're not coming close to a deal, maybe going over the cliff, you're seeing gold pulling back a little bit. so it's actually -- that is not an...
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Dec 29, 2012
12/12
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. >> the last minute move to save us from the fiscal cliff. and, a shooting inside a politician. -- police station. officers down and a suspect dead. >> i saw them throw somebody into an ambulance. >> in moments, what we know about how this happened. and on very thin ice. >> the deeper you got out, the more ice was cracking. you just couldn't get to them. >> the rescue mission to pluck a man and a dog from a frozen river. i'm harris faulkner in for shepard smith. and president obama says tonight there is still time to get a deal done before we fall off the fiscal cliff. and he demanded congress take action now before it's too late. the president spoke in the white house briefing room just about an hour ago now. he was visibly tense. frustration in his voice. >> america wonders why it is in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we are now at the last minute. and the american people are not going to have any patience for a politically self-infl
. >> the last minute move to save us from the fiscal cliff. and, a shooting inside a politician. -- police station. officers down and a suspect dead. >> i saw them throw somebody into an ambulance. >> in moments, what we know about how this happened. and on very thin ice. >> the deeper you got out, the more ice was cracking. you just couldn't get to them. >> the rescue mission to pluck a man and a dog from a frozen river. i'm harris faulkner in for shepard smith....
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Dec 24, 2012
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cliff, would it be your advice to him to try to draft and bring some sort of legislation to the floor that was a bipartisan effort to discuss this? >> well, i mean, i think there's a bigger question to be answered, first, and, i mean, part of the dynamic -- whenever you have something like this occur, it's just so horrific, and it sort of shocks the country. what you unfortunately get sometimes is people pointing at each other to blame each other. it's the right blaming the left for the cultural dynamic, and it's the left blaming the right because of allowing guns to sort of be on the street and so have you this dynamic. ultimately the problem is how do we solve this problem, and i think the dynamic here is also we have to address a really serious problem. that is what do we do with people who are clearly mentally ill that we are aware of that are mentally ill, and you saw this happen with gabby giffords and in terms of columbine. obviously, this incident as well. virginia tech. what do you do when you recognize someone that's got a mental illness problem that could be a threat, and h
cliff, would it be your advice to him to try to draft and bring some sort of legislation to the floor that was a bipartisan effort to discuss this? >> well, i mean, i think there's a bigger question to be answered, first, and, i mean, part of the dynamic -- whenever you have something like this occur, it's just so horrific, and it sort of shocks the country. what you unfortunately get sometimes is people pointing at each other to blame each other. it's the right blaming the left for the...
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Jan 1, 2013
01/13
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washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff.
washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff.
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Dec 31, 2012
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members of both parties warn as bad as going over the fiscal cliff could be it is better than a deal that looks in what each sees as problems for years. >>trace: the president admits there is still work to be done. >>reporter: still questions of how to pay the extra money medicare doctors have been given and how to keep the alternative minimum tax from burning millions of new taxpayers. in addition to the spending cuts put off until 2013. it is not a done deal. >> there are still issues left to resolve. we are hopeful congress can get it done. it is not done. part of the reason i wanted to speak to you today is to make sure we emphasize to conditioning and that members understand this is a pressing concern across america. >>reporter: the deal would not satisfy the conditions congress made for avoid the fiscal cliff and the president will not go to hawaii to avoid the fiscal cliff and ever continue we get past the fiscal cliff, round two is in a couple of months when congress has to raise the debt ceiling to keep the country from default. trace? >>trace: thank you, wendell, from the w
members of both parties warn as bad as going over the fiscal cliff could be it is better than a deal that looks in what each sees as problems for years. >>trace: the president admits there is still work to be done. >>reporter: still questions of how to pay the extra money medicare doctors have been given and how to keep the alternative minimum tax from burning millions of new taxpayers. in addition to the spending cuts put off until 2013. it is not a done deal. >> there are...
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Dec 31, 2012
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. >> today the final day of fiscal cliff negotiations. >> i want everybody know i'm willing to get this done but i need a dance partner. >>> vice president joe biden is now in on negotiations. >> do i wish things were more order will i in washington? absolutely. >>> a tour bus crashed on an icy oregon highway has killed nine people and injured 20 others. >> today is december 231st. there's going to be a huge celebration in times square with everyone waiting for the crystal ball to drop. >>> new video surfacing from the fate tall plaep crash in russia. sending debris into oncoming traffic. >>> a scary slip on a frozen lake ban an effort to save a life. >>> kim kardashian is pregnant. her boyfriend kanye west broke the news at a concert in atlantic city. >>> heading into the playoffs, rg3. maybe he can solve the fiscal cliff. >>> and all that matters. >> new zealand celebrated a few moments ago shooting fireworks into the sky to welcome 2013. >> on "cbs this morning." >>> chuck pagano was back on the colts' sidelines yesterday cancer-free as the colts took care of the texans, the 28-16. >
. >> today the final day of fiscal cliff negotiations. >> i want everybody know i'm willing to get this done but i need a dance partner. >>> vice president joe biden is now in on negotiations. >> do i wish things were more order will i in washington? absolutely. >>> a tour bus crashed on an icy oregon highway has killed nine people and injured 20 others. >> today is december 231st. there's going to be a huge celebration in times square with everyone...
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Dec 28, 2012
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fiscal cliff? at the top of our short list, there's still time to take advantage of the gift tax. right now there's a $5 million exemption and the tax rate is 35%. at midnight on new year's eve, that exemption drops to just $1 million and the tax rate goes to 55%. the capital gains tax rate, of course, is expected to increase from 20 to 30%. there's brand-new 3.9% medicare tax on high wage earners and a tax for wealthy donations. primarily between house republicans and the obama white house in the senate. but a survey done by northern trust of high net worth individuals' priorities found 44% saying their top priority for the country is economic growth and reducing unemployment versus 19% for reducing the federal budget deficit. another 15% said they wanted to see an end to gridlock. good luck. now, as far as their own wealth preservation strategies. that same survey found high net worth persons, those with $5 million or more in assets, obviously much more proactive in anticipating the tax consequen
fiscal cliff? at the top of our short list, there's still time to take advantage of the gift tax. right now there's a $5 million exemption and the tax rate is 35%. at midnight on new year's eve, that exemption drops to just $1 million and the tax rate goes to 55%. the capital gains tax rate, of course, is expected to increase from 20 to 30%. there's brand-new 3.9% medicare tax on high wage earners and a tax for wealthy donations. primarily between house republicans and the obama white house in...
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Dec 30, 2012
12/12
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cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance for a deal and what's on the table. >> alison, here in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday, the president was at work here in the white house but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill would have to extend unemployment insurance that would affect some 2 million americans and increase taxes for the hig
cliff. the deadline is less than 48 hours away and as to whether they can get it done, the president says he's hopeful. >> i'm modestly ll lly optimis an agreement can be achieved. let's make sure that middle class families and the world economy aren't adversely impacted because people can't do their jobs. >> both houses of congress are meeting in a rare sunday session. the house an hour later at 2:00. our chief white house correspondent jessica yellin now with the look at a chance...
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Dec 30, 2012
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can you explain what that means, and how would that make the fiscal cliff negotiations different? >> yeah. the vast majority of our decision-making happens the at an automatic, unconscious level. the challenge and the problem -- i'm talking about most of our thinking. the challenge we have with that regard is the fact that most of the filtering system that we have that makes those decisions was put in place for us when we were small children. as a result, really smart people can make really dumb decisions, or grown-ups can behave childishly. if a leader is more conscious of the patterns, they can cut them off and maintain a great degree of consciousness and therefore maturity in making decisions and acting on those. >> but we see both sides really dug in. we now seem to be in an impasse. are you saying that there's childish behavior? we take about transformative leadership perspective. how do you advocate and advise, let's say, speaker boehner and president obama? how do we move past that? >> you know, one of the fundamental problems we run into when we think about the unconscious
can you explain what that means, and how would that make the fiscal cliff negotiations different? >> yeah. the vast majority of our decision-making happens the at an automatic, unconscious level. the challenge and the problem -- i'm talking about most of our thinking. the challenge we have with that regard is the fact that most of the filtering system that we have that makes those decisions was put in place for us when we were small children. as a result, really smart people can make...
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Dec 31, 2012
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i think we will briefly go over the fiscal cliff. the president worked on the issue months and months. the entire "crisis" is an issue of congress' own making . he was taping the meet the press on saturday. house republicans were cozy and doing nothing on the fiscal cliff. john bone bone took himself out of the negotiations and abdicated responsibility and said he would dole with whatever the senate and president had come to. i happening there is a lot of good proprosals on the table and something will get done, too. >> dave: it appears that senate republicans came a long way in sharing their desire for no taxes raised on the wealthy. $550,000 thres hold for couples is a significant compromise. but can they get anything through the house in terms of getting republican votes today? >> i don't think that will get through the house . the house was elected to protect the united states of additional obama care spipe types of spending . from the perspective it is it a char aid. he wants to raise tax for people with over $200,000 . patti mu
i think we will briefly go over the fiscal cliff. the president worked on the issue months and months. the entire "crisis" is an issue of congress' own making . he was taping the meet the press on saturday. house republicans were cozy and doing nothing on the fiscal cliff. john bone bone took himself out of the negotiations and abdicated responsibility and said he would dole with whatever the senate and president had come to. i happening there is a lot of good proprosals on the table...
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breaking developments in the fiscal cliff stalemate. senate majority leader harry reid adjourned the senate until noon tomorrow. house republican leaders have met wise today to try to decide what to do about the bill the senate passed overnight. republicans don't like the bill but tomorrow is the last day of this session of congress. if a solution isn't found by then, the problem gets passed on to the next congress and negotiations are back to square one. >>> grieving police officers and strangers are paying their respects today at a roadside memorial to a fellow officer. they dropped off flowers today to remember prince william county officer chris yung. he was killed yesterday in a crash on duty. he least behind a wife and three children. >>> students that went to sandy hook elementary school in newtown, connecticut, head back to school on thursday. but they will be going to new classrooms set up at a vacant school and the nearby town of monroe. sandy hook became a crime scene december 14 after a gunman killed 26 people and himself. i
breaking developments in the fiscal cliff stalemate. senate majority leader harry reid adjourned the senate until noon tomorrow. house republican leaders have met wise today to try to decide what to do about the bill the senate passed overnight. republicans don't like the bill but tomorrow is the last day of this session of congress. if a solution isn't found by then, the problem gets passed on to the next congress and negotiations are back to square one. >>> grieving police officers...
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Dec 28, 2012
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cliff from happening. but with just four days left until everybody's taxes go up, there's not a lot of optimism that it can be done in time. jonathan karl, abc news, new york. >>> tributes are pouring in for retired general norman schwarzkopf. the general, nicknamed stormin' norman, died yesterday in tampa from pneumonia. schwarzkopf commanded operation desert storm, the coalition of some 30 countries that drove iraqi forces from kuwait back in 1991. in retirement, he supported charitable causes and resisting calls to run for public office. norman schwarzkopf was 78. >>> for the second time this month, a man has been pushed to his death in the path of a new york subway train. last night, eyewitnesss say a mumbling woman shoved a man onto the tracks just as the train was pulling into an elevated station in queens. surveillance video captured her running away. it's not clear if she knew the victim. new york police are reviewing surveillance video recorded on the platform to try to identify the victim and the
cliff from happening. but with just four days left until everybody's taxes go up, there's not a lot of optimism that it can be done in time. jonathan karl, abc news, new york. >>> tributes are pouring in for retired general norman schwarzkopf. the general, nicknamed stormin' norman, died yesterday in tampa from pneumonia. schwarzkopf commanded operation desert storm, the coalition of some 30 countries that drove iraqi forces from kuwait back in 1991. in retirement, he supported...
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. >> the bill as amended is pass zbld the senate overwhelmingly passed a bill to avert the fiscal cliff. >> this temporary agreement keeps income tax rates steady for most americans, limiting tax hikes to households making more than $450,000. >> i think we can say we've done some good for the country. >> president obama encouraged the house to pass it right away. >> if there's even one second left before you have to do what you're supposed to do, they will use that last second. >>> it has not been a great start to the new year for hillary clinton. >> she's undergoing treatment for a blood clot in the head between the brain and the skull. >> she didn't have a stroke. she didn't have a seizure. the prognosis is excellent. >>> an estimated 1 million people in times square. >> revelers welcomed in the new year with celebrations around the world. around 100,000 people in hong kong. fireworks display over the skies of london. >> all that. >> i'm single, so let's get it on. >> there are so many people making out it's sloppy. >> who to you think would win in a fistfight. you or -- >> and all th
. >> the bill as amended is pass zbld the senate overwhelmingly passed a bill to avert the fiscal cliff. >> this temporary agreement keeps income tax rates steady for most americans, limiting tax hikes to households making more than $450,000. >> i think we can say we've done some good for the country. >> president obama encouraged the house to pass it right away. >> if there's even one second left before you have to do what you're supposed to do, they will use that...
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Dec 24, 2012
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i think this is divine intervention because we didn't deal with the fiscal cliff. >> michael crapo was busted. >>> "newsweek" will continue its digital format. >> if you haven't finished up your holiday shopping, don't worry. millions of americans are hitting the stores today. >> i have nothing done. i just started. >> all that -- >> i looked at the recent footage and your face and you don't look a day older than 32 years ago. >> wide open and an attack. that's three events. >> seahawks win it. seattle is in with the playoffs. >> and all that matters. >> norad will be tracking santa class as he makes his way around the worlding. >> on centimet"cbs this "cbs t >>> welcome to "cbs this morning." i'm jeff floor. there is travel trouble across the nation and on the ground in the air on this busy day before christmas. >> and the problem is a storm system that hit the west coast over the weekend. now it's moving east, threatening to cause problems all week long and anna werner is at dallas-ft. worth international parent. good morning. >> reporter: good morning, rebecca and jeff. we receive a
i think this is divine intervention because we didn't deal with the fiscal cliff. >> michael crapo was busted. >>> "newsweek" will continue its digital format. >> if you haven't finished up your holiday shopping, don't worry. millions of americans are hitting the stores today. >> i have nothing done. i just started. >> all that -- >> i looked at the recent footage and your face and you don't look a day older than 32 years ago. >> wide open...
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Dec 24, 2012
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as dire as the whole fiscal cliff situation, but there are a lot of people upset at the game show "wheel of fortune." >> it has to do with a contestant who guessed the right word, she got the whole thing right, but was told she lost because of the way she said the words because of her accept. here's abc's john muller. >> s. >> yeah, four of them. >> reporter: she was on a roll, cruising her way towards thousands on "wheel of fortune. >> n. >> three ns. >> reporter: renee can taste victory. she's got the winning answer. >> i would like to solve. seven swans a swimmin'. >> yeah, that's -- >> reporter: or so she thought. even hothe host has to backtrac. pronouncing swimming swimmin'. >> yeah. >> that's how i speak, you know, being from florida. i had asked for the g, so i knew it was there. >> reporter: judges said it was spoken in vernacular. so it violated the rules. the twitter lit up with outrage. "wheel of fortune" hates southerners. >> if you start to sing the song, it's seven swans a layin'. >> reporter: even the other contestant couldn't believe what happened. >> do you know what ha
as dire as the whole fiscal cliff situation, but there are a lot of people upset at the game show "wheel of fortune." >> it has to do with a contestant who guessed the right word, she got the whole thing right, but was told she lost because of the way she said the words because of her accept. here's abc's john muller. >> s. >> yeah, four of them. >> reporter: she was on a roll, cruising her way towards thousands on "wheel of fortune. >> n. >>...
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we'll talk about what is coming up on the fiscal cliff. have you got your holiday shopping done yet? are you done? >> gretchen: i am waiting for three things to come in the mail that they might not arrive. >> i an alert said winter weather causing shipping delays. >> if you are worried about your packages in christmas eve, you delayed yourself. >> gretchen: blame the weather guy. l>> i ordered it on friday. >> gretchen: merry christmas . still no deal in sight just more of the same way blame game . e week before the taxes are going to sky rocket. steve is live in washington. >> good morning, gretchen and everybody. washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,
we'll talk about what is coming up on the fiscal cliff. have you got your holiday shopping done yet? are you done? >> gretchen: i am waiting for three things to come in the mail that they might not arrive. >> i an alert said winter weather causing shipping delays. >> if you are worried about your packages in christmas eve, you delayed yourself. >> gretchen: blame the weather guy. l>> i ordered it on friday. >> gretchen: merry christmas . still no deal in...
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Dec 31, 2012
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the nation now just hours from going over the fiscal cliff after lawmakers fail to reach a deal over the weekend. could a last-minute push from vice president joe biden get something done before your taxes go up? >>> and oh, baby. kanye wecakanye west surprises y announcing his girlfriend, kim kardashian, is pregnant with their first child. how her family is reacting to the news "today," monday, december 31st, 2012. >> announcer: from nbc news, this is "today" with matt lauer and savannah guthrie live from studio 1a in rockefeller plaza. >> welcome to "today" on a very busy monday morning. i'm willie geist. >> and i'm erica hill. matt and savannah have the morning off. >>> we'll have the latest on secretary of state clinton's condition in a live report straight ahead. it is the last day of 2012. >> you and i are both in the same situation with young children. >>> people filing into times square in new york city. it is the world's biggest party. of course, security will be extremely tight. we'll check in on celebrations there and around the world. >> then we'll catch up with three wom
the nation now just hours from going over the fiscal cliff after lawmakers fail to reach a deal over the weekend. could a last-minute push from vice president joe biden get something done before your taxes go up? >>> and oh, baby. kanye wecakanye west surprises y announcing his girlfriend, kim kardashian, is pregnant with their first child. how her family is reacting to the news "today," monday, december 31st, 2012. >> announcer: from nbc news, this is "today"...
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Dec 26, 2012
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cliff. >> president obama spent christmas day visiting with troops in hawaii. >> while back in washington uncertainty about the looming fiscal cliff continues. there has been to communication between republicans and democrats about how to avoid going over the cliff. before the christmas break, speaker john boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so now harry reid is believed to be crafting a plan of his own. it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. it would also patch up the alternative minimum tax that will hit even more middle class families and schedule a drop off for doctors. >> if republicans do give in and support the deal being put together by harry reid that deal is expected to be far less favorable than the potential deal they had been working on with president
cliff. >> president obama spent christmas day visiting with troops in hawaii. >> while back in washington uncertainty about the looming fiscal cliff continues. there has been to communication between republicans and democrats about how to avoid going over the cliff. before the christmas break, speaker john boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so now harry reid is believed...
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>> set the fiscal cliff aside for one moment. you've done extensive research on recovery from recessions. where are we in the current recovery? what in your estimation does 2013 look like from an economic standpoint. >> fairly normal from world war ii financial crisis, housing recovers on cue five or six years later. the good news is that there's stable underlying growth. the bad news is you don't get the zoom you got out of it during the depression. >> we're in year five of a seven year process. >> more than seven years. >> last time you were here you said we were half way through regardless of who wins in 2012. the next four years would not look much better than the past four years. >> we're going to have, i don't know if not very much better than the past four but we're not going to have fantastic growth. unemployment will take many more years to feel normal, so we have many years left in the recovery but hopefully in two or three years we feel like we're moving there and not at the starting point. >> let's talk about the glob
>> set the fiscal cliff aside for one moment. you've done extensive research on recovery from recessions. where are we in the current recovery? what in your estimation does 2013 look like from an economic standpoint. >> fairly normal from world war ii financial crisis, housing recovers on cue five or six years later. the good news is that there's stable underlying growth. the bad news is you don't get the zoom you got out of it during the depression. >> we're in year five of a...
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Dec 24, 2012
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brad, the fiscal cliff is one of the reasons why people are so incredibly gloomy about the future, and, you know, dick's making the point here when speaker john boehner can't even get his own party to follow him and put up a vote on his plan, i mean, aren't republicans equally to blame for the public's profound pessimism? >> well, we have a divided nation, that is for sure. this president has not done his job in leading, and had he done his job in leading especially in the fiscal cliff, he wouldn't be in hawaii now, he'd be in washington making sure that we had a deal -- gregg: has boehner done his job? >> boehner has done a great job in trying to lead republicans to a solution. gregg: seriously? >> absolutely. gregg: he can't even get a vote on his own plan, come on. >> here's the problem, gregg, is we have a president who basically says it's his way or the highway, and republicans are saying, no, we will raise revenue, but we won't do it at the expense of spending. our problem is a president who loves to spend money, who's now put down another $6 trillion in debt, and basically wants
brad, the fiscal cliff is one of the reasons why people are so incredibly gloomy about the future, and, you know, dick's making the point here when speaker john boehner can't even get his own party to follow him and put up a vote on his plan, i mean, aren't republicans equally to blame for the public's profound pessimism? >> well, we have a divided nation, that is for sure. this president has not done his job in leading, and had he done his job in leading especially in the fiscal cliff,...
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what i think we really need is to replace all these abrupt extensions that are making up the fiscal cliff with a well thought out changes throughout the budget on the spending, on entitlements, on taxes. we have to do it all and we have to do it thoughtfully and proactively. what i fear we will see is a grab bag of things that people may want to get rid of. they basically want to make them disappear, so the wave the magic pen and say we will keep the policies in place but we will not pay for it appeared that what i'm afraid we will see. what i hope they will do is put in place the next steps. so if they do something that avert the cliff, which would be a good thing, i hope they have an agreement so january the members come back to town and keep working on this. this is not an issue they can walk away from. until we deal with a fiscal challenges, be cannot deal with any of the problem. we really are devising our economy. the consequences of inaction here on fixing our depth is a and death situation are tremendous. the people who will bear the biggest cost of this is the next generation. i
what i think we really need is to replace all these abrupt extensions that are making up the fiscal cliff with a well thought out changes throughout the budget on the spending, on entitlements, on taxes. we have to do it all and we have to do it thoughtfully and proactively. what i fear we will see is a grab bag of things that people may want to get rid of. they basically want to make them disappear, so the wave the magic pen and say we will keep the policies in place but we will not pay for it...
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Dec 29, 2012
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working through the weekend to avoid that looming fiscal cliff. >>> and at 70 years old he is out to do something few have ever done. he is doing it while battling cancer. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. [ tylenol bottle ] me too! and nasal co [ tissue box ] he said nasal congestion. yeah...i heard him. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. and
working through the weekend to avoid that looming fiscal cliff. >>> and at 70 years old he is out to do something few have ever done. he is doing it while battling cancer. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. [ tylenol...
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in time to avoid the fiscal cliff, and that's what our focus issen ob this morning. for his part, president obama says he's modestly optimistic they can work things out. even if a deal is thrown together, senator harry reid says what they come up with could be imperfect and some people aren't going to like it. bringen in independent new york stock exchange trader joining us from new york. good to see you. >> good to see you, alison. thanks for having me. >> as you said, washington has been kicking the can down the road. so what are the chances of a real deal going through at the very last minute? things sound a little more optimistic last night, if you listened to president obama. >> i think they have to sound optimistic. the last thing they want to do is not sound optimistic. here's the problem. we've come right to the 11th hour. the fact there's going to be a substantive deal that comes out in the 11th hour is probably nailed to zero. in my sense, it's easier to go over the cliff. then there's clarity, right? taxes up, spending cut. the market will know what is goi
in time to avoid the fiscal cliff, and that's what our focus issen ob this morning. for his part, president obama says he's modestly optimistic they can work things out. even if a deal is thrown together, senator harry reid says what they come up with could be imperfect and some people aren't going to like it. bringen in independent new york stock exchange trader joining us from new york. good to see you. >> good to see you, alison. thanks for having me. >> as you said, washington...
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from hawaii to try to keep america from going over the fiscal cliff. as the house and senate reconvene tomorrow. the clock is ticking. six days until the deadline. the way things work in washington, can they actually get something done before the end of the year? brianna keilar, what is the latest on this? >> hi, there, drew. president obama will be heading home from hawaii tonight, logical time arri arriving in d.c. thursday morning when the senate will be reconvenin reconvening, and the senate, all eyes on now, that we look for the last-ditch effort to avoid the fiscal cliff. even though the president is returning on thursday, we may not see the senate roll out its bill to deal with the fiscal cliff. perhaps for a couple of days. this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for the threshold on income tax rates to cut off
from hawaii to try to keep america from going over the fiscal cliff. as the house and senate reconvene tomorrow. the clock is ticking. six days until the deadline. the way things work in washington, can they actually get something done before the end of the year? brianna keilar, what is the latest on this? >> hi, there, drew. president obama will be heading home from hawaii tonight, logical time arri arriving in d.c. thursday morning when the senate will be reconvenin reconvening, and the...
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Dec 28, 2012
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. ♪ >>> back now at 7:40 as the nation watches to see what happens with the fiscal cliff, there's another important piece of legislation that needs attention. if nothing is done about it, the cost of milk could go sky high. here's nbc's stephanie gosk. >> reporter: the dairy industry is calling it the milk cliff. just like tax rates, if congress doesn't approve a farm bill by january 1st, the price of milk could go up. way up. right now an average gallon costs $3.65. it could soar to between $6 and $8. mara has three little kids. that means a lot of milk. >> you have to have it for young kids. it helps them grow. so it's hard when it gets that expensive. >> reporter: for many families, milk is a staple they can't cut back on. >> a lot of families that are tight, incomewise, they don't want to buy milk at $7, $8. >> reporter: it's not just milk prices. all dairy products would be affected. imagine if wisconsin cheddar cost more than imported french brie. what would that mean for the average grilled cheese? one part of the complicated farm bill controls the dairy market. without it, pricing
. ♪ >>> back now at 7:40 as the nation watches to see what happens with the fiscal cliff, there's another important piece of legislation that needs attention. if nothing is done about it, the cost of milk could go sky high. here's nbc's stephanie gosk. >> reporter: the dairy industry is calling it the milk cliff. just like tax rates, if congress doesn't approve a farm bill by january 1st, the price of milk could go up. way up. right now an average gallon costs $3.65. it could...
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Dec 31, 2012
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. >> today the final day of fiscal cliff negotiations. >> i want everyone to know i'm willing to get this done, but i need a dance partner. >> vice president joe biden is now in on negotiations. >> do i wish that things were more orderly in washington? absolutely. >>> a tour bus crash on an icy oregon highway has killed nine people and injured 20 others. >>> today is december 31st. there's going to be a huge celebration in times square with everyone waiting for that crystal ball to drop. >> just to tell people hey, we were in the crowd in new york city on new year's eve. >>> a fatal plane crash in russia, the impact sending debris flying into oncoming traffic. >>> a scary slip on a frozen lake in the moun tapetains of southern california became a race to save a life. >>> and kim carkardashian is pregnant. >>> intercepted by rob jackson. redskins into the playoffs. rg3. maybe he can solve the fiscal cliff. >>> and all that matters. >> fireworks lit up sydney harbor, beautiful, as people mark the start of 2013. happy new year. >> on "cbs this morning." >>> chuck pagano back on the colt
. >> today the final day of fiscal cliff negotiations. >> i want everyone to know i'm willing to get this done, but i need a dance partner. >> vice president joe biden is now in on negotiations. >> do i wish that things were more orderly in washington? absolutely. >>> a tour bus crash on an icy oregon highway has killed nine people and injured 20 others. >>> today is december 31st. there's going to be a huge celebration in times square with everyone...
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Dec 24, 2012
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how is oil dependent on fiscal cliff deal or no deal? >> well, i think that's the biggest short-term burden that crude oil and most of the commodities have right now. the biggest factor is if no deal is done by year end, the possibility of the u.s. slipping into a recession in the first half, greatly increases significantly. if that does that, you can see crude oil prices back off to that short-term support right around 86. i think overhead we're met with about a 91 resistance. the volume and also the participants in the market are going to be significantly less as a result of these fiscal cliff worries. >> we're going to sort of trend right around here -- it doesn't look like we're going to get a deal before year end of any great significance. that being said, we may get one last year. do we trade in line right here? >> so we're going to trade probably 91 on the upside, 86 on the low side. i think once a deal is done, you're going to see a reemergence of a risk-on rally. i think that's where crude oil breaks out to the upside. we start
how is oil dependent on fiscal cliff deal or no deal? >> well, i think that's the biggest short-term burden that crude oil and most of the commodities have right now. the biggest factor is if no deal is done by year end, the possibility of the u.s. slipping into a recession in the first half, greatly increases significantly. if that does that, you can see crude oil prices back off to that short-term support right around 86. i think overhead we're met with about a 91 resistance. the volume...
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Dec 27, 2012
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mike tyson. >> president owe pa ma returns to washington today with five days to avoid the fiscal cliff. >> all eyes will be on the senate after house republicans said it's up to senate leadership to reach a deal. >>> starbucks is urging action asking baristas in his washington, d.c., cafes to write the word "come together" on the cups. >> a new york newspaper facing backlash after it published the names and addresses of local gun owners. >>> a busy shanghai shopping center a shark tank exploded. >>> the windy city of chicago will sport america's most expensive parking meters. >> what do you think about that? >> too much. >> all that -- >> smith catches, shoots puts it up, puts it in at the buzzer! j.r. smith with another game winner! >>> what is your favorite app? >> scrabble. >> sometimes i want to yank that out of your hands. >> and all that matters. >> an endangered thin backed whale watched up on the breezy point section of queens. >> on "cbs this morning." >> i know he's smiling but that medal hanging around his neck there's a 40% chance he'll hang himself with it. captioning fund
mike tyson. >> president owe pa ma returns to washington today with five days to avoid the fiscal cliff. >> all eyes will be on the senate after house republicans said it's up to senate leadership to reach a deal. >>> starbucks is urging action asking baristas in his washington, d.c., cafes to write the word "come together" on the cups. >> a new york newspaper facing backlash after it published the names and addresses of local gun owners. >>> a busy...
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cliff. 48% of those polled say a deal is not likely. that optimism is waning, though when the poll was done earlier this month, 59% said a deal was likely. >>> former braves great andruw jones is free on a $2,500 bond this morning after being arrested outside of atlanta. he was arrested on a battery charge. the gwinnett county detention center said there was a domestic dispute between he and his life. >>> the number of extremely obese preschoolers has dropped slightly over the last decade, according to the centerses for disease control and prevention. researchers called the decline modest but say it's encouraging. the cdc adds that part of the decrease could be attributed to awareness campaigns that encourage physical activity and healthy eating. >>> before heading back to d.c. to try to avoid heading off the fiscal cliff, president obama and the first lady kept up a christmas tradition. they visited marines at a base in hawaii thanking them for their service. mrs. obama and their daughters, by the way, won't cut short their vacation. t
cliff. 48% of those polled say a deal is not likely. that optimism is waning, though when the poll was done earlier this month, 59% said a deal was likely. >>> former braves great andruw jones is free on a $2,500 bond this morning after being arrested outside of atlanta. he was arrested on a battery charge. the gwinnett county detention center said there was a domestic dispute between he and his life. >>> the number of extremely obese preschoolers has dropped slightly over the...
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it really has nothing to too with the fiscal cliff. i'm looking now to congress and say, pass the amt patch today. >> gretchen: all right. we'll see if they're listening to marty, a cpa who is a little nutsoutrig to get everything done before year's end. >> thank you very much. >> gretchen: georgetown cup cakes secret ingredient this new year, champagne? we're showing you how it make the party even sweeter with sophie. yep, she's just one part of the team with our others and she's here hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> gretchen: welcome back. wicked weather like this wreaking havoc on airports across the country. what can travelers expect? wfxt's katherine is live at logan international airport with the latest op the travel nightmare out of boston. good morning. >> good morning, gretchen. the sun is shining on us here in boston. but fl
it really has nothing to too with the fiscal cliff. i'm looking now to congress and say, pass the amt patch today. >> gretchen: all right. we'll see if they're listening to marty, a cpa who is a little nutsoutrig to get everything done before year's end. >> thank you very much. >> gretchen: georgetown cup cakes secret ingredient this new year, champagne? we're showing you how it make the party even sweeter with sophie. yep, she's just one part of the team with our others and...
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just days left for lawmakers to come up with a way to avoid the fiscal cliff. who is feeling more pressure to get things done, the president, the democrats, congressional republicans?. patti ann: and funeral services are now set for two firefighters killed in an ambush. we're now learning more about why a man intentionally set a fire in order to trap the first-responders. >> the note was important for us to find because at least it provided us with the information leading toward the intent of the shooter essentially to burn undo the neighborhood in which he resided and to kill people. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. gregg: all right, new developments on the christmas eve ambush that left two firefighters dead up in state new york. police say they have human remains in the burned out home of the gunman. david lee miller is live in our
just days left for lawmakers to come up with a way to avoid the fiscal cliff. who is feeling more pressure to get things done, the president, the democrats, congressional republicans?. patti ann: and funeral services are now set for two firefighters killed in an ambush. we're now learning more about why a man intentionally set a fire in order to trap the first-responders. >> the note was important for us to find because at least it provided us with the information leading toward the...
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cliff, to have a sunset when it comes to our fiscal situation is that really what's going on here? lawmakers are on vacation, so will anything get done in time? >>> lots of people on vacation, dana. a winter storm may be headed your way. for all of the people traveling, 93 million americans on trains, planes, and automobiles. what it means for your holiday travel plans. good morning, welcome to "starting point." chilly in new york city. 7:00 in the morning. i'm alina cho in new york. >> and i'm dana bash in washington. monday, december 24th. christmas eve. "starting point" begins right now. >> and our "starting point," a u.s. contractor in kabul gunned down and killed this morning by a woman wearing an afghan police uniform. it happened inside kabul's police headquarters. the latest in a string of suspected green on blue attacks that are hitting morale and eroding trust in allies there. our pentagon correspond respondent barbara starr up early for us working her sources. joins us live from washington with more. >> good morning, alina. in the last few minutes, our nato sources are c
cliff, to have a sunset when it comes to our fiscal situation is that really what's going on here? lawmakers are on vacation, so will anything get done in time? >>> lots of people on vacation, dana. a winter storm may be headed your way. for all of the people traveling, 93 million americans on trains, planes, and automobiles. what it means for your holiday travel plans. good morning, welcome to "starting point." chilly in new york city. 7:00 in the morning. i'm alina cho in...
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lawmakers have just three days left to get a deal done in time to avoid the fiscal cliff. even if a deal is thrown together at the 11th hour, senate majority leader harry reid says what they come up with will be imperfect. and some people aren't going to like it. i spoke with independent new york stock exchange trader kenny polkari earlier and asked them how wall street is reacting to the looming fiscal cliff. >> we've come right to the 11th hour. the -- the fact that there's going to be a substantive deal that comes out of this in the 11th hour is probably nil to zero, right? essentially in my sense, it's easier to go over the cliff. then there's clarity, right? taxes will go up, spending will get cut. the market will know what is going to happen. it can only get better from there because then you'll get legislators that come to the table, that try to cut taxes and raise some spending, and they'll argue it from a positive point of view and stand up and say, rah-rah, look what we, did right? it won't get any worse if we go over the cliff. if there's a bandaid, it leaves co
lawmakers have just three days left to get a deal done in time to avoid the fiscal cliff. even if a deal is thrown together at the 11th hour, senate majority leader harry reid says what they come up with will be imperfect. and some people aren't going to like it. i spoke with independent new york stock exchange trader kenny polkari earlier and asked them how wall street is reacting to the looming fiscal cliff. >> we've come right to the 11th hour. the -- the fact that there's going to be...